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Please be thorough, this question has been posted a few times and I cant seem to follow the work for parts a and b.
Given: U(x1,x2) = x;x2 + x; a) Calculate the Marshallian demand for x, and x2. b) Graph the demand for x, when P = 20 and I =
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Answer #1

Max bet This u(x, y) = x2 + x P + Po h = M. gives, MRS (2, 2) = Pi =D MU P - 2 + 1 = Pi P2 mums =) Pam + P2 = Pixel putting iM-M = 1 M + P2 g - 24* M - 4 + 5 MAP Mare shallian demand for a : M + P2 2P, Marshallian demand for a : ongee her P = D. = 2New Po = 5 A NNI M = 100 = 20 (71) P25 the demand for x is X = M+P2M 71 Again P2 x = 105 or IP, x = 105 [ xy = constant] Agai

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